MEGA DECOR: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEGA DECOR
Largest movements
- Receivables within one year -€1.5m
down €1.5m (-80.2%), from €1.9m to €368,302
- Stocks and contracts +€742,979
up €742,979 (+48.4%), from €1.5m to €2.3m
- Tangible fixed assets -€80,472
down €80,472 (-4.4%), from €1.8m to €1.8m
of which Land and buildings: -€73,583
- Trade debts -€612,685
down €612,685 (-51.1%), from €1.2m to €585,358
- Other debts -€433,670
down €433,670 (-43.0%), from €1.0m to €575,226
- Short-term financial debts +€293,472
up €293,472 (+97.8%), from €300,000 to €593,472
- Tax, wage and social debts -€109,926
down €109,926 (-43.7%), from €251,320 to €141,394
of which Taxes: -€97,209
- Gross operating margin -€96,602
down €96,602 (-25.9%), from €373,600 to €276,998
- Other operating charges -€30,247
down €30,247 (-59.1%), from €51,181 to €20,934
- Staff costs -€20,247
down €20,247 (-30.3%), from €66,924 to €46,677
- Financial charges -€10,046
down €10,046 (-15.0%), from €67,171 to €57,126
- Taxes +€9,900
new in 2025: €9,900
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,248,194 | €4,404,774 | -€843,420 | -16.1% |
| Fixed assets | 21/28 | €1,838,144 | €1,757,672 | -€80,472 | -4.4% |
| Tangible fixed assets | 22/27 | €1,830,644 | €1,750,172 | -€80,472 | -4.4% |
| Land and buildings | 22 | €1,708,378 | €1,634,795 | -€73,583 | -4.3% |
| Plant, machinery and equipment | 23 | €110,381 | €95,745 | -€14,636 | -13.3% |
| Furniture and vehicles | 24 | €11,886 | €19,632 | +€7,747 | +65.2% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €3,410,049 | €2,647,101 | -€762,948 | -22.4% |
| Stocks and contracts in progress | 3 | €1,535,820 | €2,278,799 | +€742,979 | +48.4% |
| Stocks | 30/36 | €1,535,820 | €2,278,799 | +€742,979 | +48.4% |
| Amounts receivable within one year | 40/41 | €1,859,872 | €368,302 | -€1.5m | -80.2% |
| Trade receivables | 40 | €1,859,872 | €368,302 | -€1.5m | -80.2% |
| Cash at bank and in hand | 54/58 | €14,357 | - | -€14,357 | |
| Total equity and liabilities | 10/49 | €5,248,194 | €4,404,774 | -€843,420 | -16.1% |
| Equity | 10/15 | €933,434 | €976,300 | +€42,866 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €912,974 | €955,840 | +€42,866 | +4.7% |
| Amounts payable | 17/49 | €4,314,760 | €3,428,474 | -€886,286 | -20.5% |
| Amounts payable after more than one year | 17 | €1,420,107 | €1,428,247 | +€8,139 | +0.6% |
| Financial debts | 170/4 | €1,420,107 | €1,428,247 | +€8,139 | +0.6% |
| Amounts payable within one year | 42/48 | €2,894,652 | €2,000,227 | -€894,425 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €102,835 | €104,776 | +€1,942 | +1.9% |
| Financial debts | 43 | €300,000 | €593,472 | +€293,472 | +97.8% |
| Credit institutions | 430/8 | €300,000 | €593,472 | +€293,472 | +97.8% |
| Trade debts | 44 | €1,198,043 | €585,358 | -€612,685 | -51.1% |
| Suppliers | 440/4 | €1,198,043 | €585,358 | -€612,685 | -51.1% |
| Advances received on contracts in progress | 46 | €33,558 | - | -€33,558 | |
| Taxes, remuneration and social security | 45 | €251,320 | €141,394 | -€109,926 | -43.7% |
| Taxes | 450/3 | €223,155 | €125,945 | -€97,209 | -43.6% |
| Remuneration and social security | 454/9 | €28,166 | €15,449 | -€12,717 | -45.2% |
| Other amounts payable | 47/48 | €1,008,896 | €575,226 | -€433,670 | -43.0% |
| Remuneration, social security and pensions | 62 | €66,924 | €46,677 | -€20,247 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,698 | €100,426 | -€1,273 | -1.3% |
| Other operating charges | 640/8 | €51,181 | €20,934 | -€30,247 | -59.1% |
| Gross operating margin | 9900 | €373,600 | €276,998 | -€96,602 | -25.9% |
| Operating profit (loss) | 9901 | €153,797 | €108,962 | -€44,835 | -29.2% |
| Financial income | 75/76B | €4,427 | €929 | -€3,498 | -79.0% |
| Recurring financial income | 75 | €4,427 | €929 | -€3,498 | -79.0% |
| Non-recurring financial income | 76B | €4,427 | - | -€4,427 | |
| Financial charges | 65/66B | €67,171 | €57,126 | -€10,046 | -15.0% |
| Recurring financial charges | 65 | €67,171 | €57,126 | -€10,046 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €91,053 | €52,766 | -€38,287 | -42.0% |
| Income taxes | 67/77 | - | €9,900 | +€9,900 | |
| Profit (loss) for the period | 9904 | €91,053 | €42,866 | -€48,187 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,053 | €42,866 | -€48,187 | -52.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.